Price for Plants, Live; Roses, Grafted or Not in Serbia - 2023

Contents:

1. Price for Plants, Live; Roses, Grafted or Not in Serbia (FOB) - 2022
2. Price for Plants, Live; Roses, Grafted or Not in Serbia (CIF) - 2022
3. Exports of Plants, Live; Roses, Grafted or Not in Serbia
4. Imports of Plants, Live; Roses, Grafted or Not in Serbia

Price for Plants, Live; Roses, Grafted or Not in Serbia (FOB) - 2022

The average export price for plants, live; roses, grafted or nots stood at $0.9 per unit in 2022, picking up by 46% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The export price peaked at $2 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1.7 per unit), while the average price for exports to Bulgaria ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.4%), while the prices for the other major destinations experienced a decline.

Price for Plants, Live; Roses, Grafted or Not in Serbia (CIF) - 2022

In 2022, the average import price for plants, live; roses, grafted or nots amounted to $0.3 per unit, reducing by -33.4% against the previous year. In general, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $2.1 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($0.5 per unit), while the price for the Netherlands amounted to $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-13.9%).

Exports of Plants, Live; Roses, Grafted or Not in Serbia

After three years of growth, overseas shipments of plants, live; roses, grafted or nots decreased by -33.8% to 3.3M units in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. Over the period under review, the exports of hit record highs at 5M units in 2021, and then dropped significantly in the following year.

In value terms, exports of plants, live; roses, grafted or nots contracted slightly to $3.1M in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of $3.2M, and then declined modestly in the following year.

Top Export Markets for Plants, Live; Roses, Grafted or Not from Serbia in 2022:

1. Netherlands (1259.9K units)
2. Poland (366.4K units)
3. Russia (346.7K units)
4. Lithuania (203.3K units)
5. Bosnia and Herzegovina (188.3K units)
6. Bulgaria (171.6K units)
7. Croatia (130.5K units)
8. Romania (109.4K units)
9. Belarus (96.3K units)
10. Hungary (87.2K units)
11. United Kingdom (57.3K units)
12. Italy (56.9K units)
13. Kazakhstan (51.5K units)

Imports of Plants, Live; Roses, Grafted or Not in Serbia

In 2022, approx. 1.2M units of plants, live; roses, grafted or nots were imported into Serbia; growing by 77% compared with the previous year's figure. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 136%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of plants, live; roses, grafted or nots skyrocketed to $365K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Plants, Live; Roses, Grafted or Not to Serbia in 2022:

1. Netherlands (1123.3K units)
2. Denmark (92.3K units)
3. Bulgaria (10.0K units)

Source: IndexBox Market Intelligence Platform